Total Consumer Credit

Source: FRED (TOTALSL) | Frequency: monthly | Last updated: April 8, 2026

What This Means for You

The Total Consumer Credit is currently at $5,116,788.2B. Changes in this indicator can affect related areas of the economy including consumer spending, business investment, and policy decisions. (Source: FRED)

10-Year History

Historical Context

Over the past 10 years, the Total Consumer Credit has ranged from a low of $3,503,680.6B in May 2016 to a high of $5,116,788.2B in February 2026, with an average of approximately $4,392,531.5B. The current value of $5,116,788.2B is near the high end of its 10-year range. (Source: FRED via FRED)

Related Consumer Indicators

The Total Consumer Credit is part of the consumer category. Related indicators include: Consumer Sentiment Index (currently 56.6), Personal Savings Rate (currently 4.50%), Retail Sales (currently $738,366M), Revolving Consumer Credit (currently $1,327,596.4B). Consumer sentiment measures how people feel about the economy and their finances, while retail sales and consumer credit show how they are actually behaving. The personal savings rate bridges the gap, showing what share of income is being set aside versus spent. Revolving credit (largely credit cards) can signal whether consumers are supplementing income with debt. When sentiment diverges from actual spending, it often signals a turning point in consumer behavior. (Source: University of Michigan, Federal Reserve, BEA via FRED)

What to Watch

Economists and analysts monitor the Total Consumer Credit for trend changes that may signal shifts in economic conditions. This data is released monthly and is subject to revision. Changes in this indicator can ripple through related areas of the economy. Historical patterns do not guarantee future outcomes. (Source: FRED)

Limitations of This Data

This data is released monthly and reflects conditions as of the most recent reporting period. Economic data is frequently revised as more complete information becomes available; initial releases may differ significantly from final figures. This indicator measures one dimension of the economy and should be considered alongside other data for a more complete picture. (Source: FRED)

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